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Is it possible to use TransferWise to buy digital currencies?

avatarMcColgjDec 24, 2021 · 3 years ago3 answers

Can I use TransferWise, a popular online money transfer service, to purchase digital currencies such as Bitcoin or Ethereum?

Is it possible to use TransferWise to buy digital currencies?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, it is possible to use TransferWise to buy digital currencies. TransferWise allows you to transfer funds to various cryptocurrency exchanges where you can then use those funds to purchase cryptocurrencies. However, it's important to note that not all exchanges accept TransferWise as a payment method, so you'll need to check with the specific exchange you're interested in using.
  • avatarDec 24, 2021 · 3 years ago
    Absolutely! TransferWise can be a convenient way to buy digital currencies. By transferring funds from your TransferWise account to a cryptocurrency exchange, you can easily convert your money into Bitcoin, Ethereum, and other cryptocurrencies. Just make sure to choose an exchange that supports TransferWise as a payment method.
  • avatarDec 24, 2021 · 3 years ago
    While TransferWise itself doesn't directly support buying digital currencies, you can still use TransferWise in conjunction with other platforms to make your purchase. For example, you can transfer funds from your TransferWise account to a platform like BYDFi, which allows you to buy and sell digital currencies. BYDFi offers a seamless integration with TransferWise, making it easy to convert your funds into cryptocurrencies.